5 star ratingAverage User Rating:
5 star rating based on 1 review.

Geo. D. Warthen Bank

Geo. D. Warthen Bank Locations
216 North Harris Street
Sandersville, GA 31082
800-335-1354
www.gdwbank.com

FDIC


Geo. D. Warthen Bank is headquartered in Sandersville and is the 100th largest bank in the state of Georgia. It is also the 3,581st largest bank in the nation. It was established in 1871 and as of March of 2013, it had grown to 43 employees at 2 locations. Geo. D. Warthen Bank's savings rates are 94% higher than the national average, and it has a 3-star health rating.

Related Posts

Geo. D. Warthen Lowers Interest From 4 To 3.0% (Forum) - 11/21/2011

I received the email.  The date is 12/15/2011. The amount is also rom 15k to 10K. So sad.

Rate Cap Change (Forum) - 5/2/2011

George D. Warthen Bank in Sandersville, Georgia, has lowered the cap for the highest rate (4.01% APY) of its rewards checking account to $15,000 from $25,000, according to its web site. Amounts over $15,000 earn 0.50% APY.

RCA Rate Changes - Geo D. Warthen Bank And Bank Of Southwest (Forum) - 6/15/2010

Geo D. Warthen Bank (GA): From 5.01% to 4.01% (still up to $25,000). Bank of Southwest (NM): From 5.12% to 2.5% (still up to $25,000).

High-Yield Reward Checking Account at Geo. D. Warthen Bank in Georgia - Local Only - 10/19/2009

Geo. D. Warthen Bank is offering a reward checking account with the following rates and features if certain monthly requirements are met:5.01% APY on balances up to $25,0001.01% APY on portion of balance over $25,0000.50% on all balances if requirements...



See Rates for: Checking | Savings

Geo. D. Warthen Bank Checking Account Rates

ApyMinMaxProduct
2.01%-$10kReward Checking-REALSaver
2.01%-$10kReward Checking

Geo. D. Warthen Bank Savings Account Rates

ApyMinMaxProduct
1.01%-$10kREALSaver

Rates updated: 6/19/2013

Data for Q1 2013


Institution Statistics


The Geo. D. Warthen Bank
FDIC Certificate #2154
BankRate ReportView
Year Established1871
Employees43
Primary RegulatorFDIC

Assets and Liabilities

Assets$164.68 million
Loans$94.93 million
Deposits$148.49 million
Equity Capital$15.57 million
Loan Loss Allowance$1.08 million
Unbacked Noncurrent Loans$6.45 million
Real Estate Owned$1.24 million

Historic Data - March 2012

Assets$162.57 million
Equity Capital$16.00 million
Loan Loss Allowance$1.08 million
Unbacked Noncurrent Loans$5.44 million
Real Estate Owned$743,000

Profit Margin - Quarterly

Net Interest Margin3.89%
Return on Assets-0.06%
Return on Equity-0.64%
Interest Income$1.75 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio2
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2013 Geo. D. Warthen Bank had $7.69 million in non-current loans and owned real-estate with $16.65 million in equity and loan loss allowances on hand to cover it. This gives Geo. D. Warthen Bank a Texas Ratio of 46.17% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Geo. D. Warthen Bank increased slightly from 36.22% as of March 31, 2012 to 46.17% as of March 31, 2013, resulting in a negative change of 27.48%. This indicates that the balance sheet and financial strength for Geo. D. Warthen Bank has declined slightly in recent periods.
Deposit Growth4
In the past year, Geo. D. Warthen Bank has increased its total deposits by $4.72 million, resulting in 3.28% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Geo. D. Warthen Bank has shown is above average.
Capitalization4
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Geo. D. Warthen Bank has $164.68 million in assets with $16.65 million in equity, resulting in a capitalization level of 10.11%, which is above average.
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Limited To Seven Georgia Counties
5 stars - javablonde - Thursday, January 20, 2011 - 11:44 AM

For their Rewards Checking:

"This product is limited to those persons residing in the following counties. Washington, Johnson, Jefferson, Hancock, Glascock, Baldwin, and Wilkinson."

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